Costa Rica To Get $300M IDB Loan
Costa Rica’s government has given permission for a $300 million Inter-American Development Bank loan to help finance highway projects throughout the country.
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Costa Rica’s government has given permission for a $300 million Inter-American Development Bank (IDB) loan to help finance highway projects throughout the country, BNamericas reports. The funds will be used to finance work on the Interamericana Norte highway and to expand 10 bridges to four lanes on the highway between Barranca and Arizona cities.
The loan will also be used to complete several stretches of the San Carlos highway. The financing is the first portion of an $850 million loan, approved by IDB in September 2009.
Click here for the story from BNamericas.